VestGen Advisors LLC Purchases 58,303 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

VestGen Advisors LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 129.1% during the third quarter, HoldingsChannel reports. The firm owned 103,478 shares of the company’s stock after buying an additional 58,303 shares during the quarter. VestGen Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $4,889,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ISTB. Evensky & Katz LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth $631,000. Latitude Advisors LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the third quarter worth about $34,000. Abundance Wealth Counselors lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 22.2% during the third quarter. Abundance Wealth Counselors now owns 309,421 shares of the company’s stock worth $14,620,000 after acquiring an additional 56,258 shares in the last quarter. Cahaba Wealth Management Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 6.7% in the third quarter. Cahaba Wealth Management Inc. now owns 1,294,988 shares of the company’s stock valued at $61,188,000 after acquiring an additional 81,249 shares during the period. Finally, Ballast Rock Private Wealth LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the third quarter valued at about $206,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $47.44 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.01 and a 1 year high of $49.05. The business has a 50-day moving average of $47.52 and a two-hundred day moving average of $48.17. The company has a market capitalization of $5.34 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.1772 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743. The ex-dividend date was Tuesday, September 1st. This represents a $2.13 annualized dividend and a dividend yield of 4.5%.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.